Barry Ritholtz, Columnist

Pay No Attention to the Government Statistician Behind the Curtain

Okay, strap in for yet another tirade on why you should (for the most part) pay very little attention to the monthly nonfarm payroll data, also known as the Employment Situation. Its hype-to-usefulness ratio is abysmally low.

January 10, 2014 at 5:33 PM UTC

By Barry Ritholtz

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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Longtime readers know this is a peeve of mine (see the list of prior articles below1 ). For newer readers, here is the reasoning behind my disdain.